On August $1,2020,$ Liggett Enterprises purchased a new truck on a deferred payment basis. A $$12,000$ down payment was made and $4$ monthly installments of $$10,000$ each are to be made starting September $1,2020.$ The cash equivalent price of the truck was $$48,000.$ Liggett incurred and paid delivery costs of $$2,000.$ What is the amount to be capitalized as the cost of the truck?

$$48,000.$

$$52,000.$

$$50,000.$

$$54,000.$